The National Bank Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	370.47	275.42	180.64	230.87	225.5	469.74
Investment Securities	99.09	102.62	108.22	107.74	97.68	124.08
Trading Asset Securities	-	-	0.24	0.29	5.47	1.49
Total Investments	99.09	102.62	108.46	108.02	103.15	125.57
Gross Loans	-	929.38	870.9	976.47	990.48	932.99
Allowance for Loan Losses	-	-75.4	-78.91	-41.72	-43.74	-42.08
Other Adjustments to Gross Loans	-	-9.01	-8.92	-8.33	-12.02	-10.7
Net Loans	-	844.98	783.06	926.42	934.72	880.21
Property, Plant & Equipment	24.81	25.81	28.78	30.44	27.22	26.92
Other Intangible Assets	2.69	2.8	2.72	2.75	3.85	5.08
Accrued Interest Receivable	-	5.99	3.27	8.84	11.6	7.19
Other Receivables	87.98	95.87	158.87	66.02	112.31	1.05
Restricted Cash	-	106.16	97.1	103.02	106.4	107.99
Other Current Assets	-	0.66	0.73	2.14	1.81	1.48
Long-Term Deferred Tax Assets	12.83	13.45	13.89	6.3	4.71	4.16
Other Real Estate Owned & Foreclosed	-	0.17	0.18	-	0.13	-
Other Long-Term Assets	12.83	1.96	2.92	6.04	0.93	1.37
Total Assets	1,435	1,476	1,381	1,491	1,532	1,631
Accounts Payable	-	1.71	1.63	3.45	3.6	3.29
Accrued Expenses	-	3.91	4.3	2.68	4.88	2.07
Interest Bearing Deposits	1,080	615.28	636.93	461.71	532.76	645.12
Non-Interest Bearing Deposits	-	498.01	433.16	657.14	668.08	641.65
Total Deposits	1,080	1,113	1,070	1,119	1,201	1,287
Short-Term Borrowings	-	3.88	2.65	6.71	-	5.01
Current Portion of Long-Term Debt	-	85.01	38.54	28.52	19.82	27.05
Current Portion of Leases	-	0.51	0.49	0.5	0.46	1.15
Current Income Taxes Payable	-	0.09	3.15	4.81	4.72	1.28
Accrued Interest Payable	-	3.97	3.83	5.81	3.41	3.71
Other Current Liabilities	-	13.99	13.03	21.1	20.29	22.32
Long-Term Debt	94.21	11.85	18.21	47.71	32.12	58.95
Long-Term Leases	4.73	4.54	5.52	5.98	5.45	5.57
Long-Term Unearned Revenue	-	-	-	1.82	2.4	-
Pension & Post-Retirement Benefits	-	8.52	7.29	7.13	6.38	6.13
Other Long-Term Liabilities	91.21	60.58	57.56	63.26	63.32	59.16
Total Liabilities	1,270	1,312	1,226	1,318	1,368	1,485
Common Stock	113.1	113.1	113.1	113.1	113.1	104.55
Additional Paid-In Capital	17.77	17.77	17.77	17.77	17.77	17.77
Retained Earnings	28.93	27.33	22.27	39.56	30.8	20.24
Comprehensive Income & Other	5.08	5.82	1.19	2.11	2.95	3.18
Total Common Equity	164.89	164.01	154.33	172.54	164.62	145.74
Shareholders' Equity	164.89	164.01	154.33	172.54	164.62	145.74
Total Liabilities & Equity	1,435	1,476	1,381	1,491	1,532	1,631
Total Debt	98.94	105.79	65.41	89.42	57.85	97.73
Net Cash (Debt)	271.53	169.63	115.47	141.73	173.12	406.11
Net Cash Growth	27.57%	46.90%	-18.53%	-18.13%	-57.37%	-20.16%
Net Cash Per Share	2.25	1.50	1.02	1.25	1.53	3.95
Filing Date Shares Outstanding	160.82	113.1	113.1	113.1	113.1	113.05
Total Common Shares Outstanding	160.82	113.1	113.1	113.1	113.1	113.05
Book Value Per Share	1.03	1.45	1.36	1.53	1.46	1.29
Tangible Book Value	162.2	161.22	151.61	169.79	160.77	140.67
Tangible Book Value Per Share	1.01	1.43	1.34	1.50	1.42	1.24

Source: S&P Global Market Intelligence. Banks template. Financial Sources.